The stock of Limoneira Company (NASDAQ:LMNR) is a huge mover today! The stock increased 5.00% or $0.9 during the last trading session, hitting $18.9. About 72,815 shares traded hands or 116.83% up from the average. Limoneira Company (NASDAQ:LMNR) has risen 29.40% since February 26, 2016 and is uptrending. It has outperformed by 18.98% the S&P500.
The move comes after 8 months positive chart setup for the $255.34 million company. It was reported on Oct, 1 by Barchart.com. We have $25.14 PT which if reached, will make NASDAQ:LMNR worth $84.26M more.
Limoneira Company (NASDAQ:LMNR) Ratings Coverage
Out of 3 analysts covering Limoneira (NASDAQ:LMNR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Limoneira has been the topic of 3 analyst reports since September 10, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Roth Capital given on Thursday, September 10. The rating was initiated by Buckingham Research on Monday, October 19 with “Buy”. The rating was maintained by TH Capital on Thursday, September 10 with “Buy”.
According to Zacks Investment Research, “Limoneira Company is an agribusiness and real estate development company. Its current operations consist of fruit production and marketing, real estate development and capital investment activities. Limoneira has three business segments: agribusiness, rental operations, and real estate development. The agribusiness segment includes its farming and lemon packing operations. The Company produces lemons, avocados, oranges, and other specialty crops. The rental operations segment includes housing, organic recycling, commercial and leased land operations. The real estate development segment includes its real estate projects and development. Limoneira Company is based in Santa Paula, California.”
Insitutional Activity: The institutional sentiment increased to 1.69 in 2016 Q2. Its up 0.54, from 1.15 in 2016Q1. The ratio improved, as 5 funds sold all Limoneira Company shares owned while 11 reduced positions. 5 funds bought stakes while 22 increased positions. They now own 3.43 million shares or 0.83% less from 3.45 million shares in 2016Q1.
First Eagle Investment Management Ltd Liability Corporation owns 76,488 shares or 0% of their US portfolio. Geode Ltd holds 74,186 shares or 0% of its portfolio. Trafelet Brokaw Management L P holds 0.04% or 2,500 shares in its portfolio. Morgan Stanley holds 0% or 45,450 shares in its portfolio. Moreover, Fuller And Thaler Asset has 0.02% invested in Limoneira Company (NASDAQ:LMNR) for 82,300 shares. The California-based Schwab Charles Investment Management Inc has invested 0% in Limoneira Company (NASDAQ:LMNR). Moreover, Wellington Grp Incorporated Ltd Liability Partnership has 0% invested in Limoneira Company (NASDAQ:LMNR) for 236,752 shares. Blackrock Inc reported 1,300 shares or 0% of all its holdings. Sfe Investment Counsel holds 1.54% or 187,290 shares in its portfolio. State Street last reported 0% of its portfolio in the stock. Natl Bank Of New York Mellon last reported 0% of its portfolio in the stock. Blackrock Management reported 44,124 shares or 0% of all its holdings. New York State Common Retirement Fund has invested 0% of its portfolio in Limoneira Company (NASDAQ:LMNR). Pnc Group Inc has invested 0% of its portfolio in Limoneira Company (NASDAQ:LMNR). Research & Mngmt last reported 4,700 shares in the company.
Insider Transactions: Since April 6, 2016, the stock had 0 buys, and 3 sales for $60,347 net activity. Merriman John W.H. had sold 2,338 shares worth $34,559. 900 Limoneira Company (NASDAQ:LMNR) shares with value of $13,725 were sold by Blanchard John W.
More notable recent Limoneira Company (NASDAQ:LMNR) news were published by: Businesswire.com which released: “Limoneira Company Announces Back to the Future – Adds Oranges and Specialty …” on July 21, 2016, also Businesswire.com with their article: “Limoneira Company Announces Formation of Limoneira South Africa” published on April 12, 2016, Businesswire.com published: “Limoneira Company Announces Formation of Limoneira Lewis Community Builders …” on November 16, 2015. More interesting news about Limoneira Company (NASDAQ:LMNR) were released by: Reuters.com and their article: “BRIEF-Limoneira Company Q3 EPS $0.71” published on September 08, 2016 as well as Nasdaq.com‘s news article titled: “Limoneira Co (LMNR) Ex-Dividend Date Scheduled for September 29, 2016” with publication date: September 28, 2016.
LMNR Company Profile
Limoneira Company, incorporated on April 12, 1990, is an agribusiness and real estate development company. The Company’s activities consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The Company’s three business divisions are agribusiness, rental activities and real estate development. The Company’s agribusiness division consists of two divisions, namely lemon activities and other agribusiness, and includes its farming, harvesting, lemon packing and lemon sales operations. The Company’s rental activities business division includes its residential and commercial rentals, leased land activities and organic recycling. The Company’s real estate development business division includes its real estate projects and development. The Firm operates its packinghouses in Santa Paula, California and Yuma, Arizona. The Company’s water resources include water rights, usage rights and pumping rights to the water in aquifers.
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